tag:blogger.com,1999:blog-2948538160252327076.post2322335975942228108..comments2023-11-02T15:48:50.381+00:00Comments on UK Bubble UK Economy: The FSA had one official watching over two of the countries' largest banksAlice Cookhttp://www.blogger.com/profile/05753570123987780947noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-2948538160252327076.post-1837274885017316042012-07-25T13:02:33.182+01:002012-07-25T13:02:33.182+01:00I truly like to reading your post. Thank you so mu...I truly like to reading your post. Thank you so much for taking the time to share such a nice information.Beverly Hills Luxory Homeshttp://www.malibutobeverlyhills.com/noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-84529649331744303482012-07-23T07:47:43.032+01:002012-07-23T07:47:43.032+01:00Thanks for sharing all this information. Now I kno...Thanks for sharing all this information. Now I know what really happens.<br /><a href="http://www.alveoland.com.ph/" rel="nofollow"><b>house for sale</b></a>arrielle_phttps://www.blogger.com/profile/01550330650350819478noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-64694769182682701162012-07-17T23:57:55.510+01:002012-07-17T23:57:55.510+01:00It's only a matter of time before the ethnicit...It's only a matter of time before the ethnicity of the top 40% of the 1% becomes an issue . Code is already being used in some financial blogs .<br />All because of a lack ok of law and order .Kitznoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-44039983960139879572012-07-17T23:00:41.925+01:002012-07-17T23:00:41.925+01:00Let's not forget that all the elite were invol...Let's not forget that all the elite were involved in the negligent monitoring of the banks.<br /><br />The obvious two are the Treasury and the FSA.<br /><br />The former were complicit in the misdeeds of the banks and the latter - whilst being spectacular consumers of the Brazilian rain forest with regard to investments by parents on behalf of their three year old child - largely adopted the old Armed <br />Forces attitude to responsibility (If you weren't there you can't be blamed).<br /><br />But let's not forget those shadowy figures who said the accounts showed a true and fair view and who trousered hundreds of millions of pounds from their clients. Step forward the mega firms of Chartered Accountants.<br /><br />Strangely, firms like KPMG and PWC failed to notice that their client's accounts, stating that they were worth billions, were at odds with reality, insofar as they were, in fact, worth a small pile of poo.<br /><br />So the regulators and the caretakers all failed. They were utterly incompetent, useless wretches who had not the first idea about how to provide their proper service.<br /><br />But they continue to sail placidly across their oceans of riches while we peasants sit on the rocky shore.<br /><br />And I haven't even started on the politicians...Mr Bean (counter)noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-86309424174348724142012-07-17T22:48:26.784+01:002012-07-17T22:48:26.784+01:00Whilst I agree Blair and Brown stoked the fire tha...Whilst I agree Blair and Brown stoked the fire that was lit by Maggie and Major. Unfortunately none of the above screwed Europe or the USA so maybe there was something in the air sending everyone mad.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-74833132961706113722012-07-17T13:32:40.312+01:002012-07-17T13:32:40.312+01:00reading this post has reminded me that what is hap...reading this post has reminded me that what is happening in the UK is very similar to what is happening in Spain, where the ECB "rescue" money is being used to buy Spanish Bonds and to cover the s***t in the banks themselves.aitor2noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-82576332126742779142012-07-17T13:15:08.946+01:002012-07-17T13:15:08.946+01:00Alice - you've summed it up very nicely. Doesn...Alice - you've summed it up very nicely. Doesn't make for an optimistic outlook does it? And my fellow posters above also hit a couple of nails on the head. My main worry now is that as we implode all over the world, the banks are (probably rightly) a big target. What happens to us all if most of the banks do fall over - what about trade and infrastructure? Do we end up with a form of martial law or something?ernienoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-43747950589693342632012-07-17T11:14:30.559+01:002012-07-17T11:14:30.559+01:00"Who else has single handedly managed to do s..."Who else has single handedly managed to do so much harm?" Blair did more. He not only appointed Brown and gave him a free hand, he waged wars for no better reason than narcissism, flooded the country with potential labour-voting immigrants without any attempt to be selective, sold us out to the EU, and polluted everything he touched. It really takes something to be a worse PM than Heath aor Wilson, but he managed it.deariemenoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-22035377835945135622012-07-17T09:40:19.920+01:002012-07-17T09:40:19.920+01:00Its very simple, all roads lead to one man - Gordo...Its very simple, all roads lead to one man - Gordon Brown. He inherited an economy is good order in 1997, and systematically (in every sense of the word) f*cked it over. <br /><br />He created the entire tripartite financial regulation system from scratch (helped by Ed Balls), he created the system of tax credits that means there is a huge client state of benefits claimants who can never be removed, he signed off on billions of PFI deals that will cost the country many times their true value over the next 25 years and he managed to borrow money at the height of the longest boom this country has seen for decades, overloading us with both debt and unsustainable spending levels.<br /><br />Who else has single handedly managed to do so much harm?Jimnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-36632670430146101542012-07-17T04:14:36.807+01:002012-07-17T04:14:36.807+01:00Indeed, it is all scarcely believable.
What a mes...Indeed, it is all scarcely believable.<br /><br />What a mess; what an utterly dreadful way to run a country.Leggirexnoreply@blogger.com